2022
Flag  
GDP
$14.4BCURRENT US$
Rnk 133 / 186
2012-2022
Flag
GDP GROWTH
65.6%CURRENT US$
Rnk 33 / 186
2022
Flag
 GDP
$27.8BCURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP GROWTH
88.7%CURRENT US$
Rnk 20 / 186
2022
Flag
GDP PC 
$5,563CURRENT US$
Rnk 106 / 186
2012-2022
Flag
GDP PC GROWTH
82.7%CURRENT US$
Rnk 14 / 186
2022
Flag
GDP PC
$72,903CURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP PC GROWTH
58.5%CURRENT US$
Rnk 29 / 186

About

Moldova-Iceland Trade: In 2022, Moldova exported $325k to Iceland. The main products that Moldova exported to Iceland were Other Nuts ($57.1k), Non-Knit Men's Coats ($38.6k), and Non-Knit Women's Suits ($35.9k). Over the past 5 years the exports of Moldova to Iceland have decreased at an annualized rate of 4%, from $398k in 2017 to $325k in 2022.

In 2022, Moldova did not export any services to Iceland.

Iceland-Moldova Trade: In 2022, Iceland exported $3.67M to Moldova. The main products that Iceland exported to Moldova were Non-fillet Frozen Fish ($2.3M), Fish Fillets ($1.13M), and Processed Fish ($142k). Over the past 5 years the exports of Iceland to Moldova have decreased at an annualized rate of 2.38%,  from $4.56M in 2017 to $3.67M in 2022.

In 2022, Iceland did not export any services to Moldova.

Comparison In 2022,  Moldova ranked 65 in the Economic Complexity Index (ECI 0.0038),  and 124 in total exports ($4.94B). That same year, Iceland ranked 116 in total exports ($7.31B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Moldova exported $325k to Iceland. The main products exported from Moldova to Iceland were Other Nuts ($57.1k), Non-Knit Men's Coats ($38.6k), and Non-Knit Women's Suits ($35.9k). During the last 5 years the exports of Moldova to Iceland have decreased at an annualized rate of 4%, from $398k in 2017 to $325k in 2022.

In 2017, Iceland exported $3.67M to Moldova. The main products exported from Iceland to Moldova were Non-fillet Frozen Fish ($2.3M), Fish Fillets ($1.13M), and Processed Fish ($142k). During the last 5 years the exports of Iceland to Moldova have decreased at an annualized rate of 2.38%, from $4.56M in 2022 to $3.67M in 2017.

Exports from Moldova (Flag) to Iceland (Flag) (2022)

Exports from Iceland (Flag) to Moldova (Flag) (2022)

Latest Data

Trade between Moldova (Flag) and Iceland (Flag)

Moldova Exports

Iceland Exports

Market Competitiveness

Color
Moldova
Top Destination
Romania$1.35B
Iceland
Top Destination
Netherlands$1.97B

This map shows whether countries import more from Moldova or Iceland. Each country is colored based on the difference in imports they receive from Moldova and Iceland or the difference in the growth in imports.

In 2022, countries that imported more from Moldova than Iceland included Romania ($1.35B), Ukraine ($729M), and Italy ($352M).

In 2022, countries that imported more from Iceland than Moldova included Netherlands ($1.97B), United Kingdom ($672M), and United States ($613M).

Difference in imports from Iceland (Flag) and Moldova (Flag) (2022)

Comparative Advantage Moldova - Iceland

Flow
Scale

This chart compares trade between Moldova and Iceland by product, considering products traded by both, Moldova and Iceland.

During 2022, Moldova had a large net trade with Iceland in the exports of Textiles ($151k), Vegetable Products ($84.1k), and Machines ($37.1k).

During 2017, Iceland had a large net trade with Moldova in the exports of Animal Products ($3.43M), Foodstuffs ($171k), and Instruments ($29.1k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Moldova and Iceland. This means that a dot/product with the flag of Moldova indicates it has a comparative advantage over Iceland. Similarly, a dot/product with the flag of Iceland indicates it has a comparative advantage over Moldova.

Product Space of Moldova (Flag) and Iceland (Flag) (2022)

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